Research seminar: Perceiving the real value - Experimental evidence on the role of inflation communication in long-term investments
|Date||Wednesday 21 March 2018|
|Time||12pm - 1pm|
|Where||MSB.1.02, level one, Waikato Management School, Hillcrest Road, Hamilton|
|Presenter||Professor Thomas Langer (University of Muenster, Germany)|
Behavioral research on money illusion shows that investors tend to ignore the effects of inflation and focus on the nominal returns of their investment opportunities. This can have disastrous consequences for people's retirement plans, individual well-being and society as a whole.
In this research seminar hosted by Waikato Management School, Professor Thomas Langer, Chair of Finance atthe University of Muenster, Germany), will discuss the question of how different forms of inflation communication affect the attractiveness of investing, and thus the propensity to delay consumption.
He will also explore the behavioural consequences of financial planning tools like a personal inflation rate builder.
Professor Langer's goal is to inspire economic modelling which mostly disregards money illusion and follows the standard paradigm in which investors base their decisions on real returns only.
This seminar is free and open to the public. To be followed by light refreshments at 1pm. No RSVP is required, please just come along on the day.
Visitor parking is available in the University of Waikato's Gate 10 carpark, Silverdale Road, Hillcrest, Hamilton.